Previous close | 16,251.84 |
Open | 16,253.24 |
Volume |
Day's range | 16,206.55 - 16,507.60 |
52-week range | 14,794.16 - 20,472.50 |
Avg. volume | 2,661,886,842 |
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.
UK inflation came in higher than the 3.1% economists expected.
Asian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart on U.S. rate cuts this year, pushing Treasury yields to new five-month highs and the dollar towering against other currencies. The New Zealand dollar gained 0.4% to $0.5902 after first-quarter inflation data showed domestically driven inflation was surprisingly strong. Markets now see just 34 basis points in total easing this year, down from 60 bps a week ago.